Chalice Gold Mines

Will be interesting to see the em report tomorrow. I was going to suggest this will rocket tomorrow. But with the market ranking tonight I'm not sure its going to the moon maybe only to the iss.
 
Battery Day: Tesla confirms nickel as metal of choice

  • Tesla to increase nickel usage in EV batteries, and use less cobalt
  • ‘We need to make more affordable cars… but we need to get the cost of batteries down’
  • Lithium ASX stocks guide
Tesla’s widely anticipated Battery Day event went ahead Tuesday US time with several important announcements around Tesla’s choice of metal for its EV batteries.

The EV maker intends to use more US-sourced nickel in its cathode battery production and less cobalt.

“Nickel is the cheapest and the highest energy density metal,” Drew Baglino, senior vice-president for Tesla’s Powertrain and Energy Engineering division, told the crowd that had gathered in Teslas drive-in style for the Battery Day event.

“That’s why increasing nickel is a goal of ours,” he said.
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https://stockhead.com.au/tech/batte... Day Tesla confirms nickel as metal of choice
 
I was going to rebalance my portfolio as CHN’s run means they now constitute about 30% of the total value of my portfolio (I only own 12 stocks - 30 is the goal) and take some profit and buy into others.

But then I thought fuck it. At least wait until production phase. Maybe I’m wrong, I have cashed out on two previous occasions though.
 
If the Northern EM target in the state forest has similar grades and depth to what it already drilled then this will be a multi billion entity.

I'm contemplating moving more into this. I hope they hit gold over east and sell to fund the mine over here.
 
mmm....shiney! said:
Today will be interesting, buyers are lining up.
Click to expand...

been steadily building a position. got my last yesterday and then they drop todays announcement. i'm a very happy camper. I going out on a limb here but $10 would be my guestamate over the course of a couple of years. If that hit links up to the Forrest anomoly then this will be massive easily a multi billion resource. The question is will they mine or sell. Do I want to own a mine or do I want a big fat special dividend?

Of a concern is the multi metallic nature of the deposit. is it NI, Au, Pt, PD, Co. Ill take em all if i must.
 
Nice work @nickybaby, I'm still new to stocks/shares so I've only just begun to average up and buy stock. I sold 1/3 of my CHN over the past few months to take cash off the table. I should've kept it there, but then I've been burnt before.

I won't be selling any of my other movers and shakers but will be buying more as they rise.
 
Venture Minerals is another one I've held since 0.04c. I'll see how the market goes tomorrow but it's currently trading in my buy zone and I think it'll trend higher. Up 30% today. I'll DCA in as long as it's below 0.165c.

Chalice is running an EM program at Thor using their "propriety knowledge" to select areas to follow-up on. I wonder what the "propriety knowledge" constitutes? Would they have a special method or theoretically proven knowledge base that enables them to pinpoint resources more effectively than others? Seems to have found pay dirt at Julimar.
 
Just dumped half my not insignificant holding into my super. Took a hefty tax hit but this is now a long term play. Either we get bought out ( and that will cost someone billions), get a JV to go mining, or my preferred option debt finance the whole shebang and go mining. kept a 1/4 and sold a 1/4 to invest in the nearology plays.

I'm hoping this will be the core of a very profitable long term investment.

On the plus side this has just bought my retirment forward ten years.
 
Market is bleeding I know but these charts don't look good either way. Might book some more profits.

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